Nonprofit · EIN 92-2046269
LGBT VC
Also known as QUEER VENTURE CAPITAL
Tax-exempt · ASTORIA, NY 11106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $169,075 | $146,700 | $22,375 | $26,333 | $3,958 | $22,375 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $138,949
- Program service revenue
- $25,000
- Investment income
- $111
- Net income from fundraising events
- $2,802
- Other revenue
- $2,213
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $44,168
- Salaries, compensation and benefits (total)
- $50,662
- Professional fees and payments to contractors
- $10,838
- Printing, publications and postage
- $48
- Other expenses
- $85,152
- Program services (functional)
- $69,057
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $26,333
- Total liabilities, end of year
- $3,958
- Net assets, end of year
- $22,375
- Cash, savings and investments
- $26,333
- Gross receipts
- $169,115
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Tiana Tukes | Founder, and Co-Chief Executive Officer | 60 | $22,161 | $1,129 |
| Jason Block | Founder, and Co-Chief Executive Officer | 60 | $22,007 | $1,144 |
| Evelysse Vargas | Board Director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1232 31ST DR APT 3A, ASTORIA, NY 11106-4826
- Signed the 990-EZ
- Jason Block, CEO
- Phone
- (917) 409-6957
- Website
- www.lgbtvc.org
Mission
To advance economic opportunity and prosperity for LGBTQ and ally communities through educational programs, supporting the innovation economy.
Program accomplishments
- Regional Development & Chapter Leadership Programs: The establishment and growth of regional chapters have been pivotal in increasing community engagement and local support for LGBTQ+ and allied innovators. To date, four chapters have been launched, driving 17 community activities and building a network supporting over 100 nonprofit community partners, 35 corporate partners, and hundreds of businesses across America. These chapters serve as localized hubs that empower members, strengthen community ties, and create opportunities for economic collaboration, amplifying workforce development, educational opportunities, and economic growth for the American public. Programs have included talks, fireside chats, panel discussions in New York, Los Angeles, San Francisco, Boston, Atlanta, Washington DC, and Chicago.Expenses $51,765
- The Annual Summit: LGBT+ VC Summit is a flagship event designed to advance the organization's mission of supporting LGBTQ+ representation and inclusion within the innovation and entrepreneurship ecosystem. This program has reached 500 beneficiaries, providing educational workshops, keynote speeches, and networking sessions aimed at fostering growth and building community-driven relationships. The event's high participant satisfaction is evidenced by its consistent 5-star rating.Expenses $13,727
- LGBT+ VC's Youth Educational Programs are dedicated to nurturing future leaders from underrepresented backgrounds. The program highlights include serving a diverse group of youth innovators and fellows--88% identifying as queer, trans, Black, Indigenous, and People of Color, and 71% as first-generation student fellows. We offered three cohorts of the program in the inaugural year. These programs have effectively mobilized support, drawing 79% of individual donors who are first-time contributors to an LGBTQ nonprofit including orus. The educational programs help develop essential skills and foster resilience among young leaders, ensuring continued progress toward a more inclusive financial literacy and education.Expenses $3,565
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 92-2046269
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $26,333
- Income (IRS master file)
- $169,115
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2023 | $169,075 | $146,700 | $26,333 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-2046269).
Questions about LGBT VC
- What is the EIN of LGBT VC?
- The employer identification number (EIN) of LGBT VC is 92-2046269.
- Is LGBT VC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to LGBT VC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LGBT VC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LGBT VC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LGBT VC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
- Who are the officers and directors of LGBT VC?
- The 990-EZ for the year ended December 31, 2023 lists 3 people; 2 received compensation from the organization, the highest $22,161 (Tiana Tukes, Founder, and Co-Chief Executive Officer).
- How much revenue does LGBT VC have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $169,075, expenses of $146,700 and total assets of $26,333 at year end.
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